eagle_5365

QQQ outside of the multiyear trendline...awaiting reversal

Short
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
QQQ ahead of itself.. outside the upside trendline & Bollinger band stretched. Divergence on RSI weekly. Need to revert to the mean/average. Correct -10% in the next 3-4 weeks.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.